Specialist - Accounting Operations

Job Summary

Order to cash

Marsh is seeking candidates for the following position based in the Pune, India office:

Responsibilities

• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually
• Ensure appropriate Business approvals supporting information have been attached in case of sanction check scenario
• Review urgent payment request and corresponding details
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines
• Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding
• Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review
• Review payment authorization request and approve or reject the request in Fiduciary system
• Receive payment confirmation details including transaction reference details and store report in DMS
• Send settlement advice details to the trading partner and store copy in DMS
• Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons
• Review entries excluded for processing and take appropriate actions to resolve exception (For e.g. requesting Treasury to liaise with Banking partners if required)
• Review each individual cash entry and create credit advice (cash receipting voucher)
• Identify and assign the account ledger and the respective AO Staff Accountant for cash matching of each entry
• Review scenarios where ledger account code cash matching technician has not been assigned and identify the appropriate ledger code / cash matching technician
• Mark entry as unidentified and post in unidentified cash ledger account where ledger code cash matching technician remains unassigned
• Post cash in the respective ledgers for identified and assigned accounts

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